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Exam (elaborations)

NSA Notary Signing Agent correctly answered 2023 updated

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NSA Notary Signing Agent correctly answered 2023 updated A Notary Signing Agent has been providing signing services with no incidents for over 10 years without having undergone a background screening. Therefore he or she: - correct answer Must still obtain and pass a background screening A Notary Signing Agent with nearly 10 years experience has reviewed and is completely familiar with all the documents in a loan package. When meeting with the borrower, the Notary Signing Agent may now: - correct answer Present and state the general purpose of each document and how it must be signed Why should a Notary Signing Agent learn about all the closing documents in a loan package if they are not allowed to provide advice or counsel? - correct answer To demonstrate to the contracting companies that the Notary signing Agent is competent to oversee a signing appointment A Notary Signing Agent consistently follows the practice of obtaining borrowers' thumbprints in his or her journal, but is commissioned in a state that does not require journal thumbprints. A borrower has complied with all other notarization requirements, but objects to leaving her thumbprint in the journal. What should the Notary Signing Agent do? - correct answer Preform the notary The Notarial Evidence Form is completed by - correct answer The Notary Signing Agent and returned to the contracting company Notarial certificates on loan documents - correct answer Must be completed in the presence of the borrower During a signing appointment, a borrower asks the Notary Signing Agent if his loan rate is competitive. How should the NSA respond? - correct answer explain the to the borrower that a Notary Signing Agent is not permitted to discuss loan rates A Notary Signing Agent regularly records all notarial acts performed at a closing in a journal. This is considered: - correct answer A practice required by the Code of Conduct A borrower expresses a reluctance to continue signing documents. The Notary Signing Agent

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